Ethereum Outperforms Crypto Market, Eyes Breakout

Ethereum Outperforms Crypto Market, Eyes Breakout
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

Ethereum is leading the crypto market with a 3.2% gain while overall capitalization declines. Analysts suggest ETH’s movements could signal an upcoming altseason as it tests key resistance levels.

  • Ethereum dominance is holding at ~9%, a key level that could lead to further market gains in June.
  • BlackRock's spot Ether ETF has seen $170 million in inflows over the past week, totaling $4.4 billion.
  • Analysts suggest ETH reclaiming the mid-line in the two-week Gaussian Channel historically precedes strong altcoin rallies.
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